The forecasted turnover for the man-made fibres sector in Belgium shows a consistent decline from €506.5 million in 2024 to €397.9 million in 2028. The year-on-year variations for 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are -5.45%, -5.7%, -5.99%, and -6.29% respectively. The Compound Annual Growth Rate (CAGR) over the forecast period is expected to be -5.74%.
Future Trends to Watch
Future trends worth monitoring include advancements in recycling technologies, shifts towards sustainable fabric production, and changes in consumer preferences for eco-friendly products. Emphasis on research and development in biodegradable and renewable fibres could shape the sector’s trajectory.
